Children’s Hospital Boston Achieves Dramatic Employee Retirement Savings Improvement After Consolidating Benefits with Fidelity Investments^®

Participation Rate Reaches 95 Percent with Auto Enrollment and Guidance

BOSTON – Fidelity Investments^®, the leader in helping employees of health care organizations save for retirementⁱ, announced today that Children’s Hospital Boston dramatically improved the number of employees participating in its workplace retirement savings plan after consolidating plan administration solely with Fidelity last year. At year-end 2011, 95 percent of Children’s Hospital Boston’s 9,400 eligible employees were participating in the plan, up from 37 percent at the end of 2010ⁱⁱ-- an unprecedented 160 percent increase. Fidelity services all the hospital’s nearly 11,000 retirement plan participants, including both current employees and retirees.

Together, Children’s Hospital Boston and Fidelity developed an innovative and comprehensive approach to serving the diverse needs of Children’s Hospital Boston employees and retirees. The offering includes comprehensive investment guidance, proactive and multi-touch communications, automatic enrollment of all new employees, and re-enrollment of those who were not in the retirement plan at year-end 2010. This powerful combination of automatic enrollment, guidance and engaging communications programs designed to meet the specific needs to Children’s Hospital Boston employees and retirees helped drive the hospital’s exceptional participation rate increase.

“At Children’s Hospital Boston we are committed to providing our employees and retirees with high-quality service and investment guidance to help them achieve their retirement goals,” said Dawn Socha, director of benefits for Children’s Hospital Boston. “We are thrilled with the progress that has been made with the innovative program we developed with Fidelity.”

“Fidelity is proud to be the sole retirement plan provider for Children’s Hospital Boston, an organization synonymous with building better futures for children and their families,” said John Ragnoni, executive vice president, Tax-Exempt Retirement Services, Fidelity Investments. “We are excited to work with Children’s Hospital Boston to develop and implement a program that has been so successful in helping their employees get on the path to reaching their long-term financial and retirement goals.”

Tailored Investment and Retirement Guidance
Fidelity’s comprehensive guidance programs help Children’s Hospital Boston participants across all ages and employment tenures make educated investment decisions. Programs include one-on-one consultations by phone or in person at Children’s Hospital Boston locations or at one of Fidelity’s eight Greater Boston Investor Centers. Participants also benefit from a wide range of onsite and online workshops and webinars, plus Fidelity’s full suite of online planning tools. In 2011 alone, more than 75 onsite workshops were offered at regional Children’s Hospital Boston locations across Massachusetts and New Hampshire.

Three distinct age-based workshops provide educational investment guidance tailored to participants in various life stages:

• For participants ages 25-40, workshops focus on enrolling in the plan, setting a deferral rate and financial topics beyond retirement planning, such as day-to-day budgeting.

• Guidance for participants ages 40-55 helps ensure optimal asset allocation and goal setting.

• For participants ages 55 or older, workshops are available to help participants prepare for retirement by creating a comprehensive retirement income plan. This includes getting to know the participants and their retirement goals, helping to create a retirement “paycheck” and explaining ways to help protect against taxes, inflation and rising health care costs.

About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $3.4 trillion, including managed assets of $1.5 trillion, as of December 31, 2011. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.

Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917

Fidelity Investments Institutional Services Company, Inc. 100 Salem St., Smithfield, RI 02917

Although consultations are one on one, guidance provided by Fidelity is educational in nature, is not individualized and is not intended to serve as the primary or sole basis for your investment or tax-planning decisions.

604124.1.0 © 2012 FMR LLC. All rights reserved.

iBased on 2011 data sourced from LIMRA and Fidelity Market Insights Group.

iiFidelity business data as of January 9, 2012.